rby

rby

Looking at the 4 hr chart, nano is looking strong. The 50, 100, and 200 day moving averages are looking bullish and the MACD has plenty of room to grow. I am using a trend based fib extension and nano is sitting on top of the .236 fib line and has a bull pennant formed. I will be watching close at btc. I think if btc continues up, nano will follow. but if btc...

rby

I see a possible head and shoulders forming. Nano just broke the yellow trend line. It might find support at the blue trend line to form the right shoulder. RSI is showing divergence also. Im still learning so dont take my word for it.

rby

I am new to charting so im not sure if this would be considered a inverse head and shoulders or a cup and handle or if its either. It looks like head and shoulders to me and with the 3rd wave of the ellitot wave coming, i would imagine that we couold see a large jump. How much of a run can you see from a head and shoulders this large typically? Any help is appreciated.

rby

I am just practicing and it looks to me like vechain is trying to break out of its downtrend. Im not sure what that means on the macd, but it looks like its ready start an up trend to me. Thoughts?

rby

I am just getting into reading charts and im trying to learn about elliot waves. This us just an idea. I have no clue what im doing but it looks good to me. Any insight in to if i have anything wrong is appreciated. It looks like we have completed wave one and two, and now on to wave three. With the re-branding coming in a few days, im hopeful anyway. I will...